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VINYL GROUP LTD Capital/Financing Update 2024

Oct 30, 2024

66014_rns_2024-10-30_ad4e7b17-fe3c-4e01-a6d7-4447d9f84c0e.pdf

Capital/Financing Update

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ASX Release

CLEANSING NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT 2001 (CTH) (“CORPORATIONS ACT”)

Melbourne, Australia , 31 October 2024: Vinyl Group Ltd (ASX: VNL), Australia’s only ASX-listed music Company, today announces that it has issued and allotted 159,649,450 fully paid ordinary shares in Vinyl Group from 28 October 2024 to 30 October 2024 as part of the partial conversion of the Tranche 2 convertible note and exercise of associated options.

Pursuant to section 708A(6) of the Corporations Act, the Company gives notice that:

  • 1) the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act;

  • 2) this notice is being given under section 708A(5)(e);

  • 3) as at the date of this notice, the Company has complied with:

  • a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • b) section 674 and 674A of the Corporations Act; and

  • 4) as at the date of this notice there is no information that is ‘excluded information’ (as defined in section 708A(7) and 708A(8) of the Corporations Act) which is required to be disclosed by the Company in this notice under section 708A(6)(e).

An application for quotation of securities (Appendix 2A) with respect to the Shares issued has been lodged with ASX today.

Authorisation and Additional Information:

This announcement was authorised by the Board of Vinyl Group Ltd

Vinyl Group Investor Relations:

E: [email protected]

-Ends-

ABOUT VINYL GROUP

Vinyl Group is the heartbeat of an equitable music world, providing tech solutions that connect music creators, fans and brands. The Company’s diverse portfolio has touchpoints across all corners of the global music ecosystem, empowering everyone from creators to consumers. Vinyl.com offers a world-class ecommerce experience including over 50K titles for fans to support their favourite artists. Vampr is a leading dedicated social-professional networking platform and talent marketplace, allowing 1.4M creators to discover collaborators and monetise their work in over 180 countries. Jaxsta is the world’s largest and only database of official music credits with over 380M verified credits to streamline revenue opportunities for businesses in the music industry. Serenade is a Web3 pioneer of physical and digital collectibles that has served over 200+ global artists. Vinyl Group’s media arm includes Mediaweek,

Vinyl Group Ltd | 11 Wilson Street, South Yarra VIC 3141 | ABN 15 106 513 580 | ASX: VNL

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the leading media trade publication in Australia, having built its readership and industry respect over its 33 year history, and The Brag Media, Australia’s largest creator of premium youth content and events and publishes iconic titles including Rolling Stone AU/NZ, Variety Australia, TheBrag.com, The Music Network, Tone Deaf, and more.

Vinyl Group Ltd | 11 Wilson Street, South Yarra VIC 3141 | ABN 15 106 513 580 | ASX: VNL